GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » VisDynamics Holdings Bhd (XKLS:0120) » Definitions » Financial Strength

VisDynamics Holdings Bhd (XKLS:0120) Financial Strength : 10 (As of Jan. 2024)


View and export this data going back to 2006. Start your Free Trial

What is VisDynamics Holdings Bhd Financial Strength?

VisDynamics Holdings Bhd has the Financial Strength Rank of 10. It shows strong financial strength and is unlikely to fall into distressed situations.

Good Sign:

VisDynamics Holdings Bhd shows strong financial strength.

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors:

1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.
2. Debt to revenue ratio. The lower, the better.
3. Altman Z-Score.

VisDynamics Holdings Bhd did not have earnings to cover the interest expense. VisDynamics Holdings Bhd's debt to revenue ratio for the quarter that ended in Jan. 2024 was 0.07. As of today, VisDynamics Holdings Bhd's Altman Z-Score is 10.89.


Competitive Comparison of VisDynamics Holdings Bhd's Financial Strength

For the Semiconductor Equipment & Materials subindustry, VisDynamics Holdings Bhd's Financial Strength, along with its competitors' market caps and Financial Strength data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


VisDynamics Holdings Bhd's Financial Strength Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, VisDynamics Holdings Bhd's Financial Strength distribution charts can be found below:

* The bar in red indicates where VisDynamics Holdings Bhd's Financial Strength falls into.



VisDynamics Holdings Bhd Financial Strength Calculation

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

VisDynamics Holdings Bhd's Interest Expense for the months ended in Jan. 2024 was RM-0.01 Mil. Its Operating Income for the months ended in Jan. 2024 was RM-1.55 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was RM0.04 Mil.

VisDynamics Holdings Bhd's Interest Coverage for the quarter that ended in Jan. 2024 is

VisDynamics Holdings Bhd did not have earnings to cover the interest expense.

The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. VisDynamics Holdings Bhd has enough cash to cover all of its debt. Its financial situation is stable.

2. Debt to revenue ratio. The lower, the better.

VisDynamics Holdings Bhd's Debt to Revenue Ratio for the quarter that ended in Jan. 2024 is

Debt to Revenue Ratio=Total Debt (Q: Jan. 2024 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0.108 + 0.041) / 2.204
=0.07

3. Altman Z-Score.

Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.

The zones of discrimination were as such:

When Z-Score is less than 1.81, it is in Distress Zones.
When Z-Score is greater than 2.99, it is in Safe Zones.
When Z-Score is between 1.81 and 2.99, it is in Grey Zones.

VisDynamics Holdings Bhd has a Z-score of 10.89, indicating it is in Safe Zones. This implies the Z-Score is strong.

Good Sign:

Altman Z-score of 10.89 is strong.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


VisDynamics Holdings Bhd  (XKLS:0120) Financial Strength Explanation

The maximum rank is 10. Companies with rank 7 or higher will be unlikely to fall into distressed situations. Companies with rank of 3 or less are likely in financial distress.

VisDynamics Holdings Bhd has the Financial Strength Rank of 10. It shows strong financial strength and is unlikely to fall into distressed situations.


VisDynamics Holdings Bhd Financial Strength Related Terms

Thank you for viewing the detailed overview of VisDynamics Holdings Bhd's Financial Strength provided by GuruFocus.com. Please click on the following links to see related term pages.


VisDynamics Holdings Bhd (XKLS:0120) Business Description

Traded in Other Exchanges
N/A
Address
Lot 3844, Jalan TU 52, Kawasan Perindustrian Tasik Utama, Ayer Keroh, MLA, MYS, 75450
VisDynamics Holdings Bhd is an investment holding company. It operates in two segments: The manufacturing segment includes Manufacturing of automated test equipment, and Others segment includes Investment holding and provision of management services. The company focuses on the design, research & development, and assembly of Back-end Semiconductor Equipment and high-speed transfer and inspection machine for Non-Semiconductor Devices. The company's geographical segments include Malaysia, South East Asia, North Asia, the United States, and Others, of which it generates the majority of its revenue from North Asia.

VisDynamics Holdings Bhd (XKLS:0120) Headlines

No Headlines